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news details
Karra richest, Raina poorest: Stark contrast between Cong, BJP chiefs
J&K Cong Chief has wealth of Rs 190 crore while BJP president has only Rs 1000
9/13/2024 10:25:37 PM
Early Times Report

Jammu, Sept 13: As the process for filing nomination papers for all three phases of Assembly elections has been completed, the financial assets of some prominent contestants have come under scrutiny.
Suppose affidavits submitted by the candidates while filing nomination papers are to be believed. In that case, J&K BJP chief Ravinder Raina is the poorest among all candidates and Jammu and Kashmir Pradesh Congress Committee (JKPCC) chief Tariq Hameed Karra is riches among all the candidates who have filed their nomination papers.
Tariq Hameed Karra emerged as the wealthiest candidate, with a declared net worth of over Rs 190 crore. Karra, the president of the Jammu and Kashmir Pradesh Congress Committee (JKPCC), has a vast array of immovable assets, including residential and commercial properties, as well as agricultural land. His financial portfolio has grown significantly since 2014, with a notable increase in his income between 2020-21.
His financial portfolio showcases a substantial collection of immovable assets, totaling Rs 148 crore. These include residential properties valued at Rs 25 crore, commercial holdings worth Rs 9 crore, and agricultural land estimated at Rs 113.47 crore.
In comparison, Karra’s wife holds assets valued at Rs 40 lakh, while his movable assets stand at a modest Rs 3.4 lakh. Interestingly, his wealth has seen a significant increase since 2014, when his declared assets were Rs 98 crore. While his wife’s business generates additional income, Karra's primary source of income remains his pension, highlighting the nuanced nature of his financial affairs.
An analysis of recent financial records shows a sharp rise in Karra’s income, which grew from Rs 2.62 lakh in 2020-21 to Rs 7.77 lakh. In contrast, his wife’s salary has remained steady at Rs 13 lakh since 2019, pointing to Karra’s growing earnings as a key contributor to their household income.
In a surprising revelation, Jammu and Kashmir BJP chief Ravinder Raina, contesting from Nowshera Assembly constituency, has declared himself the “poorest" among all candidates in Jammu region segments.
According to his affidavit, Raina has no moveable or immovable assets except for Rs 1,000 in cash. He claims to have no savings, investments, land, or immovable assets. This is despite being a former MLA from the Nowshera constituency from 2014 till the Assembly's dissolution, with a legislator's salary of approximately Rs 1 lakh and an Ex-MLA pension of around Rs 50,000.
Raina has been occupying government accommodation at 13A-Gandhi Nagar Jammu and relies solely on his legislator pension as his source of income. He holds a B.Sc. degree and a PG Diploma in Human Rights and Duties.
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